Alphabet's Stock Decline Raises Concerns Ahead of Upcoming Megacap Earnings
Alphabet reported strong cloud revenue growth but raised its full-year spending outlook, leading to a more than 5% drop in premarket trading. The decline brings the stock close to breaking below its 200-day moving average for the first time since June 2025, potentially signaling broader market pressure ahead of earnings reports from other major tech companies.
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Topics: Alphabet capital expenditures cloud revenue Google market reaction